Release the Lock-up on Shares of Capital Increase of the Al-qaria Food & Vegetable Oil Industries Co.

التاريخ

Ref. : 8/11/4889
Date: 29/11/2015 

Memo No.
(59/2015)

Members of SDC of Brokers and Custodians 

Dear General Manager, 

 

Subject: Release the Lock-up on Shares of Capital Increase of the Al-qaria Food & Vegetable Oil Industries Co.

Greetings, 
 
In accordance with the decision of the Board of Commissioners of the Jordan Securities Commission (JSC) no. (463/2013) dated 05/11/2015 including the approval of registering the share capital increase of (5,000,000) shares of Al-qaria Food & Vegetable Oil Industries company with a nominal value of (1) JD per share and an issuance discount of (0.222) JD per share through offering these shares for private subscription by allocating (4.5) millions shares for Mr. Tariq Mohammad Ibrahim Alhasan and (0.5) millions shares for INJAZ Supply and Distribution Company, provided that these shares are under lock-up for two years from the completion date of the issuance procedures at the JSC.
 
Whereas, the SDC will release the lock-up on the shares of capital increase of Al-qaria Food & Vegetable Oil Industries company on 01/12/2015 upon the lapse of two years from the completion date of issuing these shares at the JSC.
 
Thereby, the SDC record for the Al-qaria Food & Vegetable Oil Industries Company indicates the following:
 
Issuer Information Security Information
Registration No. Institution No. Subscribed Capital No. of lock-up Shares to be Released
ISIN
Security No.
223 200009109 9,500,000 5,000,000 JO4104411015 141044

Kind Regards, 

Khalil Naser
Chief Executive Officer

 
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